908 Devices, Inc. engages in the development of measurement devices for chemical and biochemical analysis. The company is headquartered in Boston, Massachusetts and currently employs 246 full-time employees. The company went IPO on 2020-12-18. Its devices are used at the point-of-need to interrogate unknown and invisible materials and provide actionable answers to directly address some of the critical problems in forensics, bioprocessing, pharma/biopharma, life science research and adjacent markets. Its forensics & field detection products include MX908, XplorIR, ProtectIR, ThreatID, and InterceptIR. MX908 is a handheld, battery-powered, Mass Spec device designed for the analysis of solid, liquid, vapor and aerosol materials of unknown identity. MX908 is a multi-purpose device utilized by a spectrum of user segments for a variety of forensic field applications, including chemical, explosive, priority drug and hazardous materials operations, detecting materials at the trace level. XplorIR is a handheld gas detector that can detect and quantify unknown chemicals and vapors in seconds.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
Revenue
57
13
17
14
13
11
Revenue Growth (YoY)
-7%
18%
-6%
-13%
-7%
22%
Cost of Revenue
28
6
8
6
6
6
Gross Profit
29
6
9
7
6
5
Selling, General & Admin
37
9
8
9
10
10
Research & Development
15
3
3
3
4
3
Operating Expenses
71
19
6
23
21
16
Other Non Operating Income (Expenses)
1
0
0
0
1
0
Pretax Income
-35
-11
4
-14
-12
-9
Income Tax Expense
--
--
0
0
0
--
Net Income
-36
-11
4
-14
-13
43
Net Income Growth
112%
-126%
-121%
-52%
8%
-530%
Shares Outstanding (Diluted)
36.81
36.81
36.22
36.1
35.87
35.38
Shares Change (YoY)
4%
4%
4%
4%
5%
8%
EPS (Diluted)
-0.97
-0.32
0.12
-0.41
-0.35
1.23
EPS Growth
99%
-126%
-122%
-51%
-2%
-469%
Free Cash Flow
-8
1
1
-4
-5
-15
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
50.87%
46.15%
52.94%
50%
46.15%
45.45%
Operating Margin
-71.92%
-92.3%
17.64%
-114.28%
-115.38%
-100%
Profit Margin
-63.15%
-84.61%
23.52%
-100%
-100%
390.9%
Free Cash Flow Margin
-14.03%
7.69%
5.88%
-28.57%
-38.46%
-136.36%
EBITDA
-41
-12
3
-16
-15
-11
EBITDA Margin
-71.92%
-92.3%
17.64%
-114.28%
-115.38%
-100%
D&A For EBITDA
0
0
0
0
0
0
EBIT
-41
-12
3
-16
-15
-11
EBIT Margin
-71.92%
-92.3%
17.64%
-114.28%
-115.38%
-100%
Effective Tax Rate
--
--
0%
0%
0%
--
Follow-Up Questions
What are 908 Devices Inc's key financial statements?
According to the latest financial statement (Form-10K), 908 Devices Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for MASS?
908 Devices Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is 908 Devices Inc's revenue broken down by segment or geography?
908 Devices Inc largest revenue segment is Handheld, at a revenue of 27,859,000 in the most earnings release.For geography, United States is the primary market for 908 Devices Inc, at a revenue of 38,173,000.
Is 908 Devices Inc profitable?
no, according to the latest financial statements, 908 Devices Inc has a net loss of $0
Does 908 Devices Inc have any liabilities?
no, 908 Devices Inc has liability of 0
How many outstanding shares for 908 Devices Inc?
908 Devices Inc has a total outstanding shares of 0